Property, Automobile & Liability
Insurance Program
The Property & Liability Insurance Program consists of: Liability Insurance General Employment Law Enforcement Crime School Board Automobile Insurance Insured Uninsured Property Insurance General Boiler
The program is managed by the Purchasing
Department. Those responsibilities include:
Maintaining accurate records of vehicles, equipment, drivers, properties, etc.
Coordinating with the Risk Consultant to prepare for insurance bids
Reporting of any accident and/or lawsuit to the appropriate insurance agent and maintain files on claims until closed/settled
The County contracts with a Risk Consultant to
provide the following service:
Annually review the program to make sure that the
county is insured adequately
Prepare bid specifications for insurance bids, evaluate
the bids & make award recommendation to the county
Coordinate with the agents to renew the policies on
non-bid years
Review all insurance policies to make sure they are
accurate
Consult as needed to answer any questions regarding
the insurance program
Liability, auto and property insurance is typically
bid every three (3) years
There have been exceptions to this if the
insurance market was particularly hard and it was not advisable to go out for bid, e.g. following the 9/11 tragedy.
Bid Schedule
February/March – Preparation of Specifications April – Specifications to Agents
Insured by Travelers
Agent is Griffin Insurance
General Liability Limits – Deductible $10,000
Bodily Injury/Property Damage – products liability included
$2,000,000 per occurrence $5,000,000 aggregate
Sexual Abuse Limit – Limited Abuse or Molestation Liability
$500,000 per person $1,000,000 total
General Liability Limits
Personal Injury Liability - $2,000,000
Medical Payments – None
Employment Benefits Liability (Each
Employee)-$1,000 Deductible
$1,000,000 per occurrence $3,000,000 aggregate
Employment Practices - $25,000 Deductible
$2,000,000 per occurrence
Law Enforcement Liability - $25,000 Deductible
Management & Public Officials Liability
-$25,000 deductible
$1,000,000 occurrence $3,000,000 aggregate
All limits are subject to Tort Liability Act
Limitations
Liability premiums were allocated based on
predefined percentages
A review of all allocations will be done prior
to allocating funds for the 2011-12 fiscal year
Premiums for specific liability coverage is
Law Enforcement Liability insurance is included
in the General Liability policy.
Annual Premium - $62,424
Insured by Aspen Specialty Insurance Company
Agent is Griffin Insurance
Annual Premium is $24,625.62
Basic Liability Limit - $1,000,000
Non-Monetary Loss Adjustment Expense
$100,000
Negligent Hiring Loss Adjustment Expense
$100,000
Insured by Travelers
Agent is Griffin Insurance
Uninsured Motorists
$1,000,000
Hired Car & Non-Owned Automobile – Included
Hired Car Physical Damage Deductible $500
Total of 319 vehicles insured as of July 1, 2010 Total of 179 vehicles insured with Collision &
Comprehensive
Comprehensive Premium $35,537 Collision Premium $39,875
Total value of these vehicles is $8,385,774
Vehicles 2004 & newer or with a $30,000 value or
The allocation for Auto Insurance has historically
been done at the same percentage as the liability premium.
A review of all allocations will be done prior to
Insured by Travelers
Agent is Griffin Insurance
Employee Dishonesty
$250,000 Limit - $1,000 Deductible
Theft of Money - Inside
$7,500 Limit - $500 Deductible
Theft of Money – Outside
$7,500 Limit - $500 Deductible
Burglary
Insured by Philadelphia Insurance Companies
Agent is AGA Insurance
Total Annual Premium is $115,288
Buildings - $198,638,600
Department Department Department
Department BuildingsBuildingsBuildingsBuildings ContentsContentsContentsContents
Electronic Electronic Electronic Electronic Data Data Data Data Processing Processing Processing Processing Inland Marine Inland MarineInland Marine Inland Marine
Insurance Type Insurance Type Insurance Type
Insurance Type LimitsLimitsLimitsLimits DeductibleDeductibleDeductibleDeductible
General Property Value $10,000
Flood $5,000,000 $100,000
Earthquake $5,000,000 $100,000
Business Interruption $250,000 $10,000 Boiler & Machinery $50,000,000 $10,000
Extra Expense $250,000 $10,000
Accounts Receivable $250,000 $10,000
Valuable Papers $250,000 $10,000
Insurance Type Insurance TypeInsurance Type
Insurance Type LimitsLimitsLimitsLimits DeductibleDeductibleDeductibleDeductible
Miscellaneous Equipment $2,616,599 $2,500 Voting Machines Included in Misc $250
22’ Boat $54,000 $2,500
Yamaha Motor $15,000 $2,500
Kidnap & Ransom $25,000 No Deductible Money & Securities Inside/Outside $5,000 $500
Identity Theft Expense $25,000
The property insurance premium allocation
is based on the property values.
A review of all allocations will be done prior
$433
$4,179
Allocation
Insurance Insurance Insurance
Insurance TypeTypeTypeType DeductiblesDeductiblesDeductiblesDeductibles Policy LimitsPolicyPolicyPolicy LimitsLimitsLimits PremiumsPremiumsPremiumsPremiums
General Liability $10,000 $2,000,000 occurrence $3,000,000 aggregate $330,848 Employment Liability $1,000 $2,000,000 occurrence $3,000,000 aggregate Included Employment
Practices $25,000 $2,000,000 occurrence Included Management & Public
Officials Liability $25,000 $2,000,000 occurrence $3,000,000 aggregate Included Law Enforcement Liability $25,000 $2,000,000 occurrence $4,000,000 aggregate $62,424
School Board Liability $15,000
Basis of liability premium cost allocation
Value of comprehensive & collision insurance
Allocation of auto premium with and without
comprehensive & collision coverage
Verify property values and allocation of
